Guideline Value

Corporate

Guideline Value for Devaraj Nagar 2nd Main Road

₹1980/sq.ft.

The guideline value for Devaraj Nagar 2nd Main Road in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Devaraj Nagar 2nd Main Road

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Devaraj Nagar 2nd Main Road guideline value

The current guideline value of Devaraj Nagar 2nd Main Road is Rs 1,980 per sq.ft, effective from 1 July 2024. This road is located in Anakaputhur village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Devaraj Nagar 2nd Main Road has changed

The guideline value for Devaraj Nagar 2nd Main Road has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,980 per sq.ft, which reflects a 10% increase from Rs 1,800 per sq.ft in the 2023 revision. Prior to that, the 2017 revision recorded a guideline value of Rs 1,206 per sq.ft, marking a significant increase of 49% to the 2023 figure. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The 2024 guideline value aligns with the median of Rs 1,980 per sq.ft for the 501 streets in Anakaputhur under the Pammal SRO.

Guideline values in Anakaputhur

In Anakaputhur, the guideline values range from Rs 1,320 to Rs 4,640 per sq.ft as per the 2024 revision, with the median being Rs 1,980 per sq.ft. Devaraj Nagar 2nd Main Road matches this median value.

Stamp duty and registration fee for property in Devaraj Nagar 2nd Main Road

For a 1,000 sq.ft plot at the current rate of Rs 1,980 per sq.ft, the guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, totaling Rs 1,78,200. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Devaraj Nagar 2nd Main Road?

The Sub Registrar Office that covers Devaraj Nagar 2nd Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Anakaputhur

The guideline value plays a crucial role in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid to the government during the transaction.

When a property is sold, the guideline value is used to assess the minimum value for taxation purposes. Buyers and sellers should be aware that the stamp duty is calculated based on the higher of the guideline value or the actual sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Devaraj Nagar 2nd Main Road?

The current guideline value of Devaraj Nagar 2nd Main Road is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,206 per sq.ft in 2017 to Rs 1,980 per sq.ft in 2024, marking an overall increase of 64%. The most recent revision in 2024 saw a 10% rise from the previous year's value of Rs 1,800 per sq.ft.

What is the land classification for Devaraj Nagar 2nd Main Road?

Devaraj Nagar 2nd Main Road is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Devaraj Nagar 2nd Main Road?

The Sub Registrar Office for Devaraj Nagar 2nd Main Road is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. This office is part of the Chengalpattu registration zone.

How is the stamp duty calculated for properties in Anakaputhur?

Stamp duty is calculated based on the higher of the guideline value or the actual sale price of the property. For example, a property with a guideline value of Rs 19,80,000 would incur a stamp duty of Rs 1,38,600 at a rate of 7%.